New England Baptist Hospital
87% goes to programs $23 to raise $100 Strong reserves
New England Baptist Hospital is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1923, with $219,299,149 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
125 Parker Hill Ave, Boston, MA, 02120 EIN 04-2103612 Since 1923
Revenue (FY2023)
$219.3M
▼ 5.6% vs prior year
Health median: $840K
Expenses (FY2023)
$239.1M
Net assets
$179.6M
Employees
1,369
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $23 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For New England Baptist Hospital: 87% to programs · $23 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating9 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New England Baptist Hospital: 9 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New England Baptist Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New England Baptist Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 125 Parker Hill Ave, Boston, MA, 02120
- City
- Boston
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $237.4M (FY2013) to $219.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $95.9MNet assets $179.6M
Operating margin
-9.0%
Spent more than it raised in the latest fiscal year.
Total assets
$275.5M
Total liabilities
$95.9M
Net assets
$179.6M
Salaries & benefits
$92.8M
39% of expenses
Board members
19
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $219,299,149▼5.6% | $239,087,564▼0.9% | $179,579,269▼4.0% | $275,459,980▼2.6% | 990 |
| 2022 | $232,351,032▼2.9% | $241,317,022▲4.8% | $186,995,331▼1.5% | $282,755,740▼5.3% | 990 |
| 2021 | $239,204,465▼5.3% | $230,200,278▲2.5% | $189,782,966▲6.7% | $298,561,315▼7.6% | 990 |
| 2020 | $252,714,592▲18.5% | $224,588,155▲2.2% | $177,943,717▲21.7% | $323,205,146▲19.6% | 990 |
| 2019 | $213,264,610▼14.1% | $219,795,277▼6.4% | $146,161,130▼4.5% | $270,348,462▲12.9% | 990 |
| 2018 | $248,205,475▲0.2% | $234,911,028▼1.3% | $153,032,714▲3.9% | $239,427,109▲1.1% | 990 |
| 2017 | $247,743,785▲1.2% | $237,937,866▲1.2% | $147,258,815▲5.9% | $236,723,971▲5.9% | 990 |
| 2016 | $244,735,845▼0.9% | $235,161,053▼2.3% | $139,111,355▲11.7% | $223,638,515 | 990 |
| 2015 | $246,938,779▲0.8% | $240,622,515▲1.7% | $124,530,877▲2.5% | $223,644,094▼7.5% | 990 |
| 2014 | $244,907,444▲3.2% | $236,659,890▲2.1% | $121,545,674▼3.2% | $241,653,881▼0.6% | 990 |
| 2013 | $237,413,890 | $231,784,743▲9.2% | $125,601,945▲5.6% | $243,094,329▲10.1% | 990 |
| 2012 | — | $212,315,059▲3.6% | $118,918,852▲11.6% | $220,751,434▲1.3% | 990 |
| 2011 | — | $204,984,066▲6.5% | $106,571,087▲7.6% | $217,827,829▲8.8% | 990 |
| 2010 | — | $192,437,254▲2.4% | $99,008,416▲8.7% | $200,207,549▲1.0% | 990 |
| 2009 | — | $187,996,526 | $91,097,390 | $198,135,796 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Ward Md Daniel — $1,484,588 (0.62% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ward Md Daniel | Chief, Division of Arthroplasty | 55 | $1,484,588 |
| Smith Md Eric | Ttee (exo) (chair Ortho; Surg Chief) | 55 | $1,078,934 |
| Passafaro David | President & Trustee (ex-officio) | 55 | $645,631 |
| Patel Md Samir | Anesthesiologist | 55 | $636,670 |
| Smith Rn Ms Mary Sullivan | Ttee (ex-off); Senior Vp, Coo & Cno | 55 | $506,339 |
| Hayek Md Jihad Jay | Chief, Department of Pathology | 55 | $391,585 |
| Gheringhelli Msf Thomas J | Frmr Asst Treas, Svp Finance & Cfo | 0 | $292,089 |
| Reardon Edward | Vice President, Philanthropy | 55 | $274,553 |
| Buckley Leo | Exec Director, Surgical Business Ops | 55 | $246,611 |
| Sheehan Rn Msn Jayne | Frmr Vp Musc. Net. Dev., Nebh & Bilh | 0 | $225,063 |
| Giordano Rn Val | Chief Staff & Vp, Strat. Plan/re | 55 | $223,689 |
| Legassie Paige | Vp, Human Resources Business Partner | 55 | $200,057 |
| Lefaivre Daniel | Frmr Asst Treas (ex-off) & Cfo | 0 | $169,311 |
| Thompson Linda E | Frmr, Svp Hr & Service Excellence | 0 | $110,210 |
| Albanese Joseph | Trustee | 1 | — |
| Bachman John Jeb | Trustee and Vice Chair | 1 | — |
| Barker Esq Thomas R | Trustee | 1 | — |
| Basilico Md Facc Frederick | Ttee (exoff); Chief Phys & Med Chair | 1 | — |
| Cahill Gregory | Trustee | 1 | — |
| Collins Christopher | Trustee and Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Beth Israel Lahey Health Inc | Professional & Other Services | $93,912,399 |
| Associated Physicians of Hmfp At Bidmc | Leased Physician Services | $7,295,681 |
| Johnson & Johnson Healthcare Systems Inc | Healthcare Support Services | $6,180,819 |
| Healthcare Workforce Logistics LLC | Staffing Services | $6,103,226 |
| Howmedica Osteonicsstryker | Surgical & Medical Products | $5,780,054 |
Grants received · $5.0M total
55 grants to New England Baptist Hospital totaling $5.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $141K in FY2023
6 grants totaling $141K in FY2023. All grants made by New England Baptist Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Mission Hill Link Inc | Care access and/or to address other identified community health needs | $50,000 |
| Boston Celtics Shamrock Foundation Inc | Care access and/or to address other identified community health needs | $30,000 |
| Roxbury Tenants of Harvard Association Inc | Care access and/or to address other identified community health needs | $22,300 |
| Tobin Community Ctrmission Hill Community School Council Inc | Care access and/or to address other identified community health needs | $15,750 |
| Mission Hill Main Streets | Care access and/or to address other identified community health needs | $13,000 |
| Mission Hill Neighborhood Housing | Care access and/or to address other identified community health needs | $10,000 |
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Compare New England Baptist Hospital
Frequently asked questions
- Is New England Baptist Hospital a legitimate nonprofit?
- Yes. New England Baptist Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2103612, based in Boston, Massachusetts. Donations are tax-deductible.
- What is New England Baptist Hospital's EIN?
- New England Baptist Hospital's Employer Identification Number (EIN) is 04-2103612.
- How much revenue does New England Baptist Hospital report?
- New England Baptist Hospital reported $219,299,149 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of New England Baptist Hospital's spending goes to programs?
- New England Baptist Hospital spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does New England Baptist Hospital have?
- CharityIndex grades New England Baptist Hospital A, based on program efficiency and fundraising cost.
- How much does New England Baptist Hospital's highest-paid employee make?
- The highest reported compensation on New England Baptist Hospital's latest Form 990 is $1,484,588, paid to Ward Md Daniel (Chief, Division of Arthroplasty).
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Data for New England Baptist Hospital (EIN 04-2103612) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.